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19 September 2024 | 14 replies
Prior to understanding how to cashflow, I made to real estate investments simply because I didn't want my money sitting in the back.
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24 September 2024 | 2 replies
By using a service it enables you to create accountability and increase the likelihood of getting paid, while also using an automated platform to handle the monthly follow-ups for up to 6-7 years so you don't have to.
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20 September 2024 | 12 replies
Then I purchased my own rentals that are all clean BRRRRs and grew my rental portfolio to over 7 figures.
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25 September 2024 | 4 replies
Option 1: Dedicated Property Manager- Calls may not always be answered live, and response times could be up to 1-2 days.- However, you’ll always have the same go-to person for all your needs.Option 2: Concierge Call Center- Calls will be answered live 99% of the time by one of three team members.- These team members serve in a concierge-style role, taking calls and addressing your needs.
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24 September 2024 | 4 replies
Hi all, For a rental home, tenant says bathroom floor keep getting wet, even though it is small amount. at first, they thought they dropped some water. after wiping water, however, it keep coming back and now they think there is some water leak. my plumber went to check and found no issue with bath sink. he thinks it must be shower leak. the shower was redone last year by a contractor, who i ended up firing since he did not show up to work later. anyway, i hired water damage restoration (Servpro) company to check how much damage there is now. unfortunately, based on my research, it is very hard to find source of shower leak. i am thinking of rebuilding shower. i hired a kitchen remodel contractor and he gave me two options; either fix shower pan only, or (optionally) rebuild shower as well.
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25 September 2024 | 12 replies
@Joyce KimHELOC and home equity loan are not the sameEquity line of credit is a line of credit that let’s you withdraw up to specific amount and you can take less and pay interest on what you drawFor example if you had a $50k line of credit you may choose to use $20k of it and it is usually ten years where you can pay it off and draw moreA home equity loan is a second mortgage which is a fixed amount and paid off over a period of timeHELOC is better in my opinion but if you have no income it will be difficult to get approved even with the equity you haveCommon misconception people have is if you have equity you can just take it, that’s not the case the bank also wants to make sure you have the ability to repay it.
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25 September 2024 | 11 replies
I brought this situation up to my Lawyer and he stated that this would most likely be handled by whats called an ejectment, which is different than a eviction.
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26 September 2024 | 12 replies
I also continue to market and show the apartment during this time up until a lease has been signed and all move-in fees are paid in full in guaranteed funds (cash or wire only).
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24 September 2024 | 8 replies
Hello everyone,I grew up in St.
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24 September 2024 | 0 replies
Hi guys, I signed up about 3 weeks ago and no one can seem to help me get my Live Oak Business account connected to Rentredi.